Crude Oil "Testing Horizontal Support...for what? For Bullish"
Hello Traders,
Crude oil price dropped more than what it surged after middle east tension cooled down after crazy week.
It's always interesting to see how and when the news come up and completes the chart.
Reason for entry:
This price area has been accumulated for so long in 2019 as its been changed its characteristic from resistance to support and support to resistance. And now it plays a significant role in keeping the bullish trend as a horizontal support.
Thank you,
After all, only Traders who have right strategies that penetrate markets will survive, not people trading with luck or without criteria.
Crude oil price dropped more than what it surged after middle east tension cooled down after crazy week.
It's always interesting to see how and when the news come up and completes the chart.
Reason for entry:
This price area has been accumulated for so long in 2019 as its been changed its characteristic from resistance to support and support to resistance. And now it plays a significant role in keeping the bullish trend as a horizontal support.
Thank you,
After all, only Traders who have right strategies that penetrate markets will survive, not people trading with luck or without criteria.
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